Extracted from this filing and checked against the source text.
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.95
CORNING INC /NY issued up to 3 million shares of Common Stock of warrant to NVIDIA Corporation for aggregate purchase price of $500 million.
- Security
- warrant
- Shares
- up to 3 million shares of Common Stock
- Purchaser
- NVIDIA Corporation
- Consideration
- aggregate purchase price of $500 million
Exact text from the filing
On May 6, 2026, in connection with the long-term partnership with NVIDIA Corporation (“NVIDIA”) described in Item 7.01 below, Corning Incorporated (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with NVIDIA pursuant to which the Company issued and sold to NVIDIA (i) a warrant (the “Traditional Warrant”) to purchase up to 15 million shares of common stock of the Company, par value $0.50 per share (the “Common Stock”), at an exercise price of $180.00 per share, and (ii) a pre-funded warrant (the “Pre-Funded Warrant” and, together with the Traditional Warrant, the “Warrants”) to purchase up to 3 million shares of Common Stock at an exercise price of $0.0001 per share, for an aggregate purchase price of $500 million.
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.95
CORNING INC /NY issued up to 15 million shares of Common Stock of warrant to NVIDIA Corporation for aggregate purchase price of $500 million.
- Security
- warrant
- Shares
- up to 15 million shares of Common Stock
- Purchaser
- NVIDIA Corporation
- Consideration
- aggregate purchase price of $500 million
Exact text from the filing
On May 6, 2026, in connection with the long-term partnership with NVIDIA Corporation (“NVIDIA”) described in Item 7.01 below, Corning Incorporated (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with NVIDIA pursuant to which the Company issued and sold to NVIDIA (i) a warrant (the “Traditional Warrant”) to purchase up to 15 million shares of common stock of the Company, par value $0.50 per share (the “Common Stock”), at an exercise price of $180.00 per share, and (ii) a pre-funded warrant (the “Pre-Funded Warrant” and, together with the Traditional Warrant, the “Warrants”) to purchase up to 3 million shares of Common Stock at an exercise price of $0.0001 per share, for an aggregate purchase price of $500 million.
View on SEC.gov